The Mets are the sixth most valuable team in Major League Baseball according to Forbes, possibly putting to rest concerns the team is underwater on the financial front. Forbes listed the Amazin’s value at $811 million – a 13-percent increase from last year. The crosstown rival Yankees ranked first with a $2.3 billion worth. Between [...]
More than 12,000 construction jobs and 7,000 permanent jobs will come from the proposed Willets Point renovation, Mayor Michael Bloomberg said, which includes retail space, a hotel and quicker access to the Van Wyck Expressway. The reconstruction — to be funded by $3 billion in private investment, as well as $100 million in city capital [...]
Next year, the Mets home will field an all star at every position. Commissioner Bud Selig, Mets owner Fred Wilpon and Mayor Michael Bloomberg announced that Citi Field will host the 2013 MLB All-Star Game at a press conference Wednesday, May 16. This marks the ninth time the Midsummer Classic will be played in the [...]
Hope may spring eternal, but patience is running thin in Queens. The New York Mets enter the 2012 season as significant underdogs in one of Major League Baseball’s best divisions. As good as the National League East became this offseason – with Jose Reyes and Mark Buehrle joining the Miami Marlins, the emerging Washington Nationals [...]
The Mets owners and a trustee for Bernard Madoff’s fraud victims have settled for $162 million. The Mets owners will not pay anything for three years. Jury selection had been set to begin in a civil trial to determine how much the team owners will owe other investors who trusted their money to Madoff. Read more: New York [...]
The chop shop wasteland that is Willets Point continues to inch toward a rebirth. According to published reports, major developers and the owners of the New York Mets are among the firms that submitted Requests for Proposal (RFP) for the right to develop the site adjacent to Citi Field in Flushing. Sterling Equities, which is [...]
